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Indian airlines reopen domestic flight bookings amid COVID-19 lockdown
The cash-strapped airlines in India have recently reopened travel bookings for the domestic flights despite the uncertainty of the government on when to lift the flight suspension. The airlines that have started accepting bookings include SpiceJet and GoAir, for various travels between the major ... Read More
JioMart begins home delivery by uniting with local kirana stores
Reliance Industries Limited (RIL) has recently commenced the home delivery of essential services by partnering with the local kirana stores in Kalyan, Thane, and Navi Mumbai. This announcement follows the recent stake acquisition deal declared by the Indian multinational conglomerate between its Jio... Read More
AWS and Facebook unite for new, open-source PyTorch projects
Amazon Web Services and Facebook have recently announced plans to join hands for a few new projects for PyTorch. PyTorch is a well-known, open-source ML (machine learning) framework that has been adopted to train AI (artificial intelligence) models. The framework has been created by the AI resear... Read More
Singapore’s Zilingo announces layoff of 5% of its global workforce
In a bid to sustain in the market during the coronavirus pandemic, businesses are taking in drastic measures like salary cuts and layoffs. Renowned fashion platform, Zilingo did the same recently, however, claims that the motive was not in response to the COVID-19 crisis. Sources cite that the Zi... Read More
T&T offers temperature checks for workers & customers at several stores
T&T Supermarket, a Canadian supermarket chain, has recently started offering temperature checks for customers and employees before they enter at its stores. This initiative has been taken to protect them against the novel coronavirus outbreak. The supermarket chain has reportedly stated that ... Read More
NTUC FairPrice to increase online capacity & apply S$3.99 service fee
NTUC FairPrice, a supermarket chain based in Singapore, is reportedly planning to increase the online capacity by 30% in the next few weeks and reinstate the service fee of online orders. The company has reportedly announced that the S$3.99 service fee will be applied to the online orders starting f... Read More
Aussie Disposals to shut down stores after bushfires & COVID-19 spread
Aussie Disposals, a company that provides camping supplies in Australia, has reportedly collapsed into administration as it suffered losses owing to two calamities in the summer, with the bushfires and coronavirus. The firm is going to be closing about 12 out of the 36 stores that are mainly located... Read More
Tesla to cut salaries and furlough workers to manage costs in pandemic
California based electric vehicle and clean energy company Tesla has reportedly decided to furlough all non-essential employees and execute a cut in their pay during the shut down of its production facilities across the U.S. owing to the COVID-19 pandemic. In a bid to manage costs and achi... Read More
FDA suggests the recall of all Zantac drugs from the market
America’s federal healthcare agency, the U.S. FDA has recently requested all drug manufacturers to immediately recall all over-the-counter and prescription ranitidine drugs that are commonly sold under the name Zantac from the market. According to reliable sources, in its ongoing inve... Read More
Ever Harmonic to acquire CCO’s Clear Media stake for US$253Mn
Clear Channel Outdoor Holdings Inc. (CCO), one of the leading outdoor advertising companies, has reportedly inked an agreement with Ever Harmonic Global Limited, under which it would sell its 50.91% stake in China-based media company, Clear Media Ltd. For the record, Ever Harmonic is fully owned ... Read More